NatWest Group PLC - Edinburgh-headquartered bank - Completes pricing of USD1.00 billion 5.516% senior callable fixed-to-fixed reset rate notes due 2028. Says proceeds of USD1.00 billion, before expenses and underwriting discounts, to be used to fund general banking business. Offer scheduled to close on Thursday. Read More
(Alliance News) - The Irish government on Tuesday confirmed that it has reduced its holding in AIB Group PLC, but remains a majority shareholder following the taxpayer bailout of the Dublin-based bank conducted more than a decade ago. Read More
(Alliance News) - The Irish government on Tuesday confirmed it has reduced its stake in AIB Group, though it still retains a majority holding following the taxpayer bailout of the Dublin-based bank during the financial crisis over a decade ago. Read More
(Alliance News) - Recession worries were back to the fore on Wednesday after a couple days of respite for equities investors, with markets awaiting remarks from the head of the US central bank and mulling the implications of an acceleration in UK inflation. Read More
Harmony Energy Income Trust PLC - North Yorkshire-based investment trust focused on UK energy storage assets - Agrees to a GBP60 million debt facility with Edinburgh-based bank and insurance company NatWest Group PLC. The deal is done between NatWest and a subsidiary of Harmony Energy. Read More
(Alliance News) - Shares in NatWest Group PLC rose on Wednesday after the UK government said it will continue to sell down its stake in the bank for another year. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - London shares snapped a two-day winning streak early Wednesday, as investors grew once again cautious over central bank tightening and recession risks, ahead of remarks from the head of the US central bank. Read More
(Alliance News) - The UK government will continue to sell down its stake in lender NatWest, extending the trading plan unveiled last July for another year, the Treasury said on Wednesday. Read More
(Alliance News) - Stocks in London are set to pull back on Wednesday after a strong start to the week, with improved sentiment giving way again to worries over rising interest rates and global growth prospects. Read More
(Alliance News) - Stock prices in London saw some respite on Tuesday from recent selling pressure, but the mood remained fragile ahead of some key central banking decisions this week. Read More
(Alliance News) - Stock prices in London were lower at midday on Friday with market focus squarely on the upcoming US consumer price index report at 1330 BST. Read More
(Alliance News) - The Bank of England on Friday said the UK's high street banks are no longer "too big to fail" after it completed its assessment of the the eight "major" lenders in the country. Read More
AIB Group PLC - Dublin-based bank - Acquires Irish tracker mortgage portfolio from NatWest Group PLC for EUR5.4 billion as state-backed lender moves towards completing its exit from Ireland. AIB says the loans were worth EUR5.7 billion and would add 47,000 customers to the bank. The mortgages will be administered by a third party service provider and are expected to be accretive to earnings in 2023, AIB adds. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - UK high street lenders saw net income surge in the first quarter of 2022, benefiting from rising central bank interest rates, but Berenberg has cautioned against run-away optimism. Read More
(Alliance News) - The FTSE 100 saw strong gains on Thursday fade away into the close, dragged down by losses in New York and a worrying outlook for the UK economy from the Bank of England. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - Stocks in London on Friday ended a volatile month of April in a positive fashion, amid a continued rush of company earnings, while markets in the US sank as high-profile tech names disappointed. Read More